Are you aware of the Great Indian Lockdown?

Tracking the impact of COVID-19-led restrictions on the Indian economy

For a country like India, the COVID-19 story is far from over. Though COVID-19 cases are yet to peak in the country, a series of lockdowns and staggered ‘unlock’ phases have already made a deep impact on the economy. Even as the Indian government and the Reserve Bank of India (RBI) continue to fight the pandemic-led economic challenges, consensus is that growth contraction in 2020 is inevitable.

In this chartbook, we assess a mix of macro and alternative data to help understand the impact of COVID-19 on the economy through easy-to-read illustrations that cover various phases of the lockdown and the ‘unlock’. It also offers a unique representation of various high-frequency proxy indicators to gauge the economic uncertainty.

Acuity Knowledge Partners’ Macro team will track developments in the Indian economy (covering the impact and recovery) in a series of fortnightly publications.

Key Takeaways:

  • Restrictions imposed by the government delayed the spread of the infection, but the total number of cases regained momentum once restrictions were lifted

Originally published at https://www.acuitykp.com.

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Acuity Knowledge Partners

We write about financial industry trends, the impact of regulatory changes and opinions on industry inflection points. https://www.acuitykp.com/